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Medallion Financial MFIN Taxi Medallion Lending — Income Tax Expense Benefit

Other segment segments

Consumer Lending
$3.82M-4.0%
Commercial Lending
$310K-87.3%

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Other financials

Income statement

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Net income$5.0M-58.8%
EPS (diluted)$0.20-60.0%

Balance sheet

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Cash & equivalents$93.9M-28.6%
Total debt$265.4M-16.6%
Total equity$408.1M+7.3%
Total assets$3.0B+3.6%

Cash flow

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Operating cash flow$41.3M+24.6%

Valuation

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Market cap$235.98M+8.6%
Enterprise value$407.43M+1.9%
P/E6.6×+1.4×

Returns & leverage

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Return on equity9.1%-1.3pp
Debt / equity0.7×-0.2×

Where this comes from

Reported directly by Medallion Financial in its filing.

Tagged under the XBRL concept us-gaap:IncomeTaxExpenseBenefit.

The official record: Medallion Financial’s 10-Q, filed May 5, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Medallion Financial's taxi medallion lending — income tax expense benefit?
Medallion Financial (MFIN) reported taxi medallion lending — income tax expense benefit of $160K in Q1 2026.
How has Medallion Financial's taxi medallion lending — income tax expense benefit changed year-over-year?
Medallion Financial's taxi medallion lending — income tax expense benefit decreased by 35.2% year-over-year, from $247K to $160K.
What is the long-term trend for Medallion Financial's taxi medallion lending — income tax expense benefit?
Over 4 years (2021 to 2025), Medallion Financial's taxi medallion lending — income tax expense benefit has grown at a 35.0% compound annual growth rate (CAGR), from -$433K to $1.44M.
What does taxi medallion lending — income tax expense benefit mean?
This represents the total income tax expense or benefit allocated specifically to the taxi medallion lending segment. It reflects the tax impact of the segment's financial performance on the overall corporate tax burden. Monitoring this helps investors understand the effective tax rate applied to segment-specific earnings.